Cadillac, MI 49601,1012 Seneca
Cadillac, MI 49601,1012 Seneca
Cadillac, MI 49601,1012 Seneca
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$175,000
Est. payment /mo
2,104 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,104 sqft

Price per Sqft $83

MLS Listing ID 78080056361

Originating Board Aspire North REALTORS®

Year Built 1994

Annual Tax Amount $1,804

Lot Size 1.500 Acres

Acres 1.5

Lot Dimensions Irregular

Property Description

Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local business owner Tenant is responsible for utilities and property maintenance Well maintained, heated building Tenant has been at this location since 2023 and lease runs through October 2029 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234

Location

State MI

County Wexford

Area Cadillac

Zoning Light Industrial

Interior

Heating Space Heater

Heat Source Natural Gas

Exterior

Roof Type Metal

Accessibility Disabled Access

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Other

Schools

School District Cadillac

Others

Tax ID 101105000201

Ownership Corporate/Relocation

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Unknown/Data Share Listings


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Realcomp MLS
Listed by Daniella M Bell of Coldwell Banker Schmidt-Cadillac

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agent

Zaid Kassab

+1(248) 775-5055

Agent | License ID: 6501416571

Agent License ID: 6501416571

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